UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
_____________________
FORM
8-K
_____________________
CURRENT
REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES
EXCHANGE ACT OF 1934
COMMISSION
FILE NO.: 001-51554
Date
of Report: December 19, 2008
CHINA
YILI PETROLEUM COMPANY
(Exact
name of registrant as specified in its charter)
| Nevada |
20-2934409 |
|
(State of other
jurisdiction of incorporation or organization)
|
(IRS Employer
Identification No.)
|
| 100
Wall Street - 15th Floor, New York, NY |
10005 |
|
(Address
of principal executive offices)
|
(Zip
Code)
|
(Registrant’s
telephone number including area code)
Check the
appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions:
□ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
□ Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
□
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
□
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
On
December 19, 2008 the Board of Directors of China Yili Petroleum declared a
dividend, consisting of the outstanding shares of its subsidiary, ASAP Expo,
Inc. The shares will be distributed to shareholders of record on
December 31, 2008. The distribution date will be January 14,
2009.
The total
number of shares to be distributed is 8,701,480. Each record holder
of a share of China Yili common stock on December 31, 2008 will receive 0.3950
shares of ASAP Expo, Inc. Any fractional share that results from the
distribution will be rounded up to the nearest full share.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto
duly authorized.
| |
China
Yili Petroleum Company
|
|
Dated: December
19, 2008
|
By:/s/ Chunshi Li
|
Chunshi Li
Chief Executive Officer